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Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in

Oil traders expect Asia to import more Venezuelan crude if U.S. sanctions kick in

Reuters - by Florence Tan in SINGAPORE and Marianna Parraga in HOUSTON

SINGAPORE/HOUSTON (Reuters) - Asia would be the biggest beneficiary of any potential sanctions by the United States on Venezuela’s oil sector, said traders and analysts, as exports from the South American OPEC member could be redirected to the region, filling a vacuum left by producer supply …

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